South America

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IEEFA op-ed: A superpower taking its energy policy global

China is investing in renewables in developed market while continuing to push its outdated coal technology in Asia and Africa

The story of China’s overseas renewables investment, reaching well beyond its formal Belt and Road Initiative, remains largely untold. As private and stated-owned Chinese companies move aggressively to capitalize on fast-growing renewable energy markets, China’s investment in foreign wind-powered electricity markets has recently surpassed $12 billion in Europe and Australia alone, as shown in a […]

August 17, 2018 Read More →

IEEFA Update: A Renewable Energy Revolution in Uruguay for All the World to See

Wind and Solar Provided a Record 44 Percent of Total Electricity Generation in January

The latest monthly electricity data out of Uruguay shows wind and solar generation continuing to grow, reaching 44 percent of total generation in January, a new record that surpasses a 42 percent record set in December. Growth in variable renewable power market share in Uruguay has been dramatic, and the country has become a showcase […]

April 4, 2018 Read More →

Emerging Economies ‘Catching Up’ in Global Renewables Race

Financial Times: Emerging market countries are lagging behind the developed world in rolling out renewable energy, despite their generally sunnier climes lending themselves to potentially cheap and reliable solar power. However, some developing countries such as Lithuania and Uruguay and Indian states such as Tamil Nadu are rapidly developing wind and solar power, demonstrating that […]

April 3, 2018 Read More →

IEEFA Update: The Many Risks in Rising Oil Prices

Prices at the Pump Will Go Up; Economic Fallout Will be Substantial; Oversupply Is a Possibility

OPEC member nations alongside other oil-producing countries yesterday announced the continuation of production cuts through 2018 in a move designed to keep prices rising. Last year, as the first wave of recent production cuts kicked in, oil prices were $45 a barrel. They have since risen 28 percent, to $58. While this upward trajectory is […]

December 1, 2017 Read More →
IEEFA Latin America: Indications, in the Activity of an Italian Company, of How Emerging Markets Are ‘Skipping a Generation’ and Going Straight to Renewables

IEEFA Latin America: Indications, in the Activity of an Italian Company, of How Emerging Markets Are ‘Skipping a Generation’ and Going Straight to Renewables

ENEL Is Betting That Developing Economies Will Go Big on Solar, Wind, and Hydro

In its updated plan for 2017-2019, the Italian utility ENEL SpA has expanded its earnings targets with an aggressive capital-expenditure program for 6.7 gigawatts of renewable energy capacity. And that’s just over the next three years, which probably makes ENEL the largest single investor globally at the moment in such capacity. Of crucial note here: […]

December 5, 2016 Read More →